(BHP) Bhp Group complete technical analysis [charts+indicators] | Buy/Sell Bhp Group | (BHP) share price targets
Complete technical analysis of Bhp Group (BHP) by charts plus indicators, forecast predictions and share price targets for Bhp Group (BHP)
Bhp Group trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-05-16 View latest technical analysis
10 day averaged volume of Bhp Group is 1830473
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 60.02 | 59.53 | 60.78 | 59.40 | 1.332 times |
| 15 Wed May 2024 | 59.27 | 59.47 | 59.56 | 58.31 | 0.866 times |
| 14 Tue May 2024 | 58.79 | 59.28 | 59.38 | 58.50 | 1.391 times |
| 13 Mon May 2024 | 57.18 | 57.42 | 57.67 | 57.17 | 0.811 times |
| 10 Fri May 2024 | 57.19 | 57.50 | 57.67 | 57.13 | 0.852 times |
| 09 Thu May 2024 | 57.12 | 56.73 | 57.13 | 56.43 | 0.847 times |
| 08 Wed May 2024 | 56.50 | 56.58 | 56.76 | 56.35 | 0.809 times |
| 07 Tue May 2024 | 57.47 | 57.56 | 57.71 | 57.31 | 1.116 times |
| 06 Mon May 2024 | 56.86 | 56.86 | 56.92 | 56.60 | 0.645 times |
| 03 Fri May 2024 | 56.26 | 56.26 | 56.74 | 55.92 | 1.141 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 60.4, for a target of 58.7 or 57.37
Share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Target | 54.81 |
| Downside Target | 59.09 |
| Downside Target | 59.30 |
| Downside Target | 59.68 |
| Downside Target | 59.98 |
| Upside Target | 60.54 |
| Upside Target | 60.78 |
| Upside Target | 62.04 |
| Upside Target | 68.41 |
Intraday share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Intraday Target | 57.87 |
| Downside Intraday Target | 55.71 |
| Upside Intraday Target | 61.48 |
| Upside Intraday Target | 62.93 |
| Downside Intraday Target | 59.32 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 60.02 | 57.42 | 60.78 | 57.17 | 1.031 times |
| 10 Fri May 2024 | 57.19 | 56.86 | 57.71 | 56.35 | 0.644 times |
| 03 Fri May 2024 | 56.26 | 55.88 | 56.90 | 54.81 | 0.806 times |
| 26 Fri Apr 2024 | 56.43 | 57.91 | 59.30 | 55.80 | 1.101 times |
| 19 Fri Apr 2024 | 58.12 | 59.76 | 59.98 | 56.61 | 0.897 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Bhp Group (BHP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 60.02 | 55.30 | 60.78 | 54.81 | 0.358 times |
| 30 Tue Apr 2024 | 55.16 | 58.25 | 60.54 | 55.16 | 1.247 times |
| 28 Thu Mar 2024 | 57.69 | 57.86 | 59.09 | 55.09 | 1.062 times |
| 29 Thu Feb 2024 | 57.34 | 61.39 | 62.04 | 56.79 | 0.857 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Bhp Group (BHP)
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bhp Group stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bhp Group in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bhp Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bhp Group in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bhp Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.82 and Bhp Group (BHP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Bhp Group (BHP) stock. Volume based technical analysis of Bhp Group (BHP) stock is negative.
Bhp Group Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bhp Group stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bhp Group in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bhp Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bhp Group in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bhp Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.82 and Bhp Group (BHP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Bhp Group (BHP) stock. Volume based technical analysis of Bhp Group (BHP) stock is negative.
Bhp Group Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.